Midday update for Crude Oil 11/02/2013

Economies.com
2013-02-11 10:59AM UTC

 

 

 

 

Crude oil shows sideways move since morning, and remains trading inside the correctional bearish channel, to keep the suggested bearish trend scenario valid and active for today waiting for breaking below 95.20 to open the way for more bearish correction.

 

Expected trading range for today is between: 93.80 support and 96.95 resistance.

 

Expected trend for today: Bearish

 

 

 

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